According to monitoring data from Business Society, as of September 6, 2023, the reference price of n-butanol in the Shandong region of China was 9833 yuan/ton. Compared with September 1 (the reference price of n-butanol was 9800 yuan/ton), the price was reduced by 33 yuan/ton, a decrease of 0.34%.

From the data monitoring chart of the Business Society, it can be seen that in early September (9.1-9.6), the overall market situation of n-butanol in the Shandong region of China showed a slight increase and then a decline. In the first three days of the month, the n-butanol market in Shandong region remained stable and consolidated overall, with relatively calm supply and demand on the market. On the 4th, prices in some low-end markets in Shandong region slightly increased, while low prices on the market decreased. On the 5th, downstream demand and stocking basically ended, with an increase in n-butanol on-site supply and loose supply and demand support. The n-butanol market started a slight downward trend, and the overall market price was lowered by about 100 yuan/ton. As of September 6th, the domestic Shandong n-butanol market price reference was around 9600-10000 yuan/ton.

Aftermarket analysis of n-butanol

At present, the trading atmosphere of n-butanol on the market is quiet, and downstream demand is mainly cautious. The overall market is weak and mainly organized and operated. Business Society’s n-butanol data analyst predicts that in the short term, the domestic Shandong region’s n-butanol market will mainly adjust and operate in a narrow range. The specific trend still needs to pay more attention to specific news changes on the supply and demand side.